Oil prices have surged as Iran's conditions for reopening the Strait of Hormuz exacerbate uncertainty in global energy markets. Brent crude, the international benchmark, saw an inc…

The current surge in petrol prices is imposing significant strains on US households while oil industry leaders like Chevron and ExxonMobil report record-breaking profits. President…

Image source, Bloomberg via Getty ImagesByMichael Race and Ben King, Business reportersPublished23 July 2026Oil prices hit $100 a barrel for the first time since May as the escalat…

The Strait of Hormuz, a pivotal maritime passage, is at the center of renewed hostilities between the United States and Iran, leading to a sharp increase in oil prices. The recent …

Oil markets are witnessing significant volatility as tensions intensify between the United States and Iran. The return to friction has catalyzed a strategic economic impact, with b…

Oil prices have ascended to a one-month high amid escalating hostilities between the United States and Iran, creating volatility and uncertainty around the Strait of Hormuz. This c…

The US and Iran have exchanged another wave of strikes, as a dispute over control of the Strait of Hormuz threatens to derail efforts to end their war. The US military said it hit …

UPDATE — Jul 2, 09:30 UTC: The new article discusses the outcomes of the US-Iran talks in Doha following an interim agreement, highlighting the talks as indirec

The International Atomic Energy Agency (IAEA) confirmed plans to inspect Iranian nuclear facilities as a component of the preliminary peace agreement between the United States and …